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703 Abbe Road

703 Abbe Road, Elyria, OH 44035
Property in Elyria
Sold Jul 28, 2023
$119,000
703 Abbe Road in Elyria, OH was first built in 1971 and is 53 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 703 Abbe Road has 1,056 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,460. In total, the area measurement of the land is 5,663 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. Water for the property is sourced from a water system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing baseboard heaters and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 703 Abbe Road sold most recently in Jul 21, 2023 for a total of $119,000. If you work out the math, that's approximately a cost of $112.69 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,105 in taxes each year. 703 Abbe Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $29,449. If we break it down further, the land itself was valued at $6,398. Improvements to the property, however, were assessed at a total of $23,051. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,056
  • Gross Building Area: 1,076
  • Building Area: 1,056
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Baseboard
  • Heated Square Feet: 1,056
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: OVERLAND GARDENS
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • State Land Use Code: Vehicles general
  • Legal Description 1: OVERLAND GARDENS 40.01 X 147

Ownership

  • Current Owner : NUZUM JOY
  • Current Owner 2: NUZUM GARRETT
  • Previous Owner : BACKUS CARLOS R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Elyria City School District
  • Census Tract: 071201

Geography

  • Assessors Map Reference: 3306124 05600
  • Subdivision Tract Number: 25
  • Parcel: 06-25-006-121-010
  • Block: 121
  • Lot: 288
  • Municipality: ELYRIA CITY/ELYRIA CSD
  • Latitude: 41.362
  • Longitude: -82.0784

    Address

  • Full Address: 703 Abbe Rd S
  • Address - House Number: 703
  • Street Segment Direction: S
  • Address - Street Name: Abbe
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Elyria
  • Carrier Code: C073
  • 4-Digit Zip Code: 7245
  • Zip Code: 44035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,105
  • Tax Rate Code Area: 33

    Appraisal Valuation

  • Standard Deviation: 0.2412
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 132,735
  • High Value: 164,756
  • Low Value: 100,713

    Market Valuation

  • Market Total Value: $84,140
  • Market Land Value: $18,280
  • Market Improvement Value: $65,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,449
  • Assessed Land Value: $6,398
  • Assessed Improvements Value: $23,051

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 28, 2023
  • Current Sale Transaction ID: 11910329488
  • Current Sale Price: $119,000
  • Current Sale Document Type: Fiduciary Deed
  • Current Sale Input Document Number: 923770

About Elyria



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Nearby Rentals

Unit for rent at 808 Clark Street, Elyria, OH, 44035

$1,450 /mo

  • 3 Beds
  • 1 Bath
  • 1,178 ft²
808 Clark Street, Elyria, OH, 44035 Listing by Gregory Erlanger

Frequently Asked Questions

What neighborhood is 703 Abbe Road located in?
The 703 Abbe Road is a located in the neighborhood of Elyria in Elyria, Elyria.
What is the average sales price for listings in 703 Abbe Road?
The average sales price for units in 703 Abbe Road is $0 currently.

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